- Listing #:
- 2067816
- Price:
- $2,500,000
- Status:
- Pending Inspection
- Property Type:
- Multi-Family
- Type:
- Duplex
- # of Units:
- 2
- # of Acres:
- 0.05
- Year Built:
- 2020
- Comm/Assn:
- Queen Anne
- City:
- Seattle
- County:
- King
- State:
- WA
- Zip:
- 98119
- Right of 1st Refusal:
- No
QR Code
Description
If You’ve Been Looking For A Comprehensive Addition To Your Investment Portfolio, Look No Further! Located On The North Side Of Queen Anne Just Two Blocks From The Seattle Pacific University Campus, These 2 Standalone Rooming Houses Offer Limitless Potential To Generate Rental Income. Built In 2020 And Certified 4-star Built Green With Contemporary Finishes, Full Appliance Packages, Plus Conveniences Like Ductless Mini-splits Providing High-efficiency Heat & A/c, Each Home Offers 8 Rentable Bedrooms, 2 Bathrooms, Spacious Common Areas Plus In-unit Laundry. With Easy Access To Ballard, Fremont, & Downtown, Plus Miles Of Bike Paths Along The Burke-gilman Via The Ship Canal Trail. Fully Leased, Please Do Not Disturb Tenants Or Access Property.
Property Features
- Cap Rate:
- - 4.65
- Cooling Y/N:
- - Yes
- Exterior Features:
- - Cement Planked
- - Wood Products
- :
- - Territorial
- Foundation Details:
- - Poured Concrete
- - Slab
- Green Building Verification Type:
- - Built Green™
- Gross Scheduled Income:
- - $150,000.00
- Heating Y/N:
- - Yes
- Insurance Expense:
- - $9,600.00
- Interior Features:
- - Ductless HP-Mini Split
- Leasable Area:
- - 4,140.00 Square Feet
- Lot Features:
- - Paved
- Net Operating Income:
- - $116,263.00
- Environmental Certification:
- - Built Green™
- Green Verification Built Green Rating:
- - 4-Star
- Gross Adjusted Income:
- - 147000
- Gross Rent Multiplier:
- - 16.67
- Leased Items:
- - None
- Parking Uncovered Spaces:
- - 1
- Power Company:
- - Seattle City Light
- Sewer Company:
- - Seattle Public Utilities
- Site Features:
- - Cable TV
- - Fenced-Partially
- - High Speed Internet
- Style Code:
- - 52 - Duplex
- Total Expenses:
- - 30737
- Total Monthly Income:
- - 12500
- Units Below Grade:
- - false
- Vacancy Rate:
- - 2
- Water Company:
- - Seattle Public Utilities
- Zoning Class:
- - Multi-Family
- Zoning Jurisdiction:
- - City
- Open Parking Spaces:
- - 1
- Open Parking Y/N:
- - Yes
- Other Expense:
- - 3000
- Parcel Number:
- - 7443001366
- Possible Use:
- - Multi-Family
- Property Condition:
- - Very Good
- Security Features:
- - FullyFenced
- Stories Total:
- - 3
- Structure Type:
- - Duplex
- Annual Tax Amount:
- - $18,137.00
- Tax Year:
- - 2023
- View Y/N:
- - Yes
- Water Source:
- - Public